ESMA Supervision: The Wrong Fix for the Right Problem
6 EU finance ministers want ESMA to supervise European capital markets. Luxembourg and Ireland resist. Both miss the harder question about what really fragments EU markets.
6 EU finance ministers want ESMA to supervise European capital markets. Luxembourg and Ireland resist. Both miss the harder question about what really fragments EU markets.
The EU promised regulatory simplification. Instead, 2026 delivers DORA supervision, MiFID changes, ESG ratings oversight and the AI Act - all at once.
Private credit in Europe is booming as US capital floods in. But recent failures and hidden losses are exposing risks regulators struggle to measure.
Financial institutions face losing a quarter of their compliance staffing to retirement within five years. The risk is not headcount, it is lost memory.